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WASHINGTON (AP) - Interest rates on short-term Treasury bills were mixed in Monday's auction with six-month bills rising to the highest level since March 2001.
The Treasury Department auctioned $19 billion in three-month bills at a discount rate of 3.870 percent, down from 3.890 percent last week. Another $17 billion in six-month bills was auctioned at a discount rate of 4.155 percent, up from 4.125 percent last week.
The three-month rate was the lowest in two weeks, since these bills averaged 3.850 percent on Oct. 24. The six-month rate was the highest since these bills brought 4.22 percent on March 19, 2001.
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